§11-13P-1. Legislative finding and purpose.
The Legislature finds that the retention of physicians
practicing in this state is in the public interest and promotes the
general welfare of the people of this state. The Legislature
further finds that the promotion of stable and affordable medical
malpractice liability insurance premium rates will induce retention
of physicians practicing in this state.
In order to effectively decrease the cost of medical liability
insurance premiums paid in this state on physicians' services,
there is hereby provided a tax credit for certain medical liability
insurance premiums paid.